What excuses will you come up with tomorrow when it drops 15% more?
$Faraday Future Intelligent Electric Inc. (FFIE.US)$ Will it be shorts again? Or because the sky is blue? Can't blame Juneteenth anymore.
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I’m a full-time options trader with a return of 17,500%. I typically do swing trades short term. I teach classes.
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102690283 : I'm so afraid, uh![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
發103484366發 : Actually if you analyse past two months record, the highest jump in share price for FFIE was more than 3000%, so if the price dropping 15% or less, it's not that a big deal considering the upward potential jump of this share. Just one big jump up is all it takes to recover all the drop for these two months.
OptionsKing OP 發103484366發 : you are forgetting the other 6 weeks of daily drops from $1.80 to .35
發103484366發 OptionsKing OP : I think most of the people who is holding on is throwing a long line to catch the big fish, we are more worried that if there is no people shorting it, the more people shorting it, the higher the chances is for a short squeeze to happen. It's like compressing a spring coil, the more you compress the higher it will rebound. Currently the pattern of the price graph is similar to that of April before the May 13 squeeze.